Critical Technologies Signs Technology Teaming Agreement With Scientigo.CHARLOTTE, N.C. & EDMOND, Okla. -- Companies to Combine Advanced Content Management, Data Recognition and Advanced Search Technologies to Create Powerful Information Processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. , Management and Retrieval Solution for Enterprise Customers E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Scientigo, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MKTE), an emerging leader in next generation enterprise search and intelligent enterprise content management, and Critical Technologies, Inc., an industry leader in electronic content management solutions, today jointly announced the signing of a technology teaming agreement. E[acute accent]The collaboration between the companies joins Critical Technologies transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. solution with Scientigo's unique, multi-patented intelligent document recognition and search solutions to create perhaps the most powerful information processing, management and retrieval solution available on the market today. The companies will initially concentrate on addressing the enormous document management demands associated with medical and dental revenue cycle management processes, compliance issues mandating large data and email storage, and other enterprise management applications within the healthcare, financial and legal markets. E[acute accent]"We feel very fortunate to have recognized the innovative and diversified diversified (di·verˑ·s technological expertise housed at Scientigo," stated Tom Dean, Chief Executive Officer of Critical Technologies. "Our partnership holds the potential to revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. prevailing information process and retrieval capabilities for enterprise customers faced with effectively managing millions of documents and emails each day. We are very excited to introduce Scientigo's data recognition and search capabilities to our current customers and expect that, together, we will quickly attract the attention of new enterprise customers who can benefit from our powerful, combined solutions." E[acute accent]Doyal Bryant, Chief Executive Officer of Scientigo, added that the agreement gives both companies a competitive edge in the industries they serve. "Our business model provides for Scientigo's proprietary technologies to be leveraged to complement and enhance other leading technologies, thus creating superior next generation solutions for the enterprise market. In this regard, Critical Technologies represents an ideal partner for us, and we look forward to a highly productive and beneficial relationship between our companies." E[acute accent]About Critical Technologies, Inc. E[acute accent]Since the early 1990's, Critical Technologies has provided imaging systems and solutions for businesses around the US. As document and records management products have evolved over the years, Critical Technologies has continued to develop and deliver creative solutions to meet the needs of this fast paced, fast changing marketplace. Critical was the first to distribute a capture software solution, offering remote scanning, indexing and the transmission of indexed images to centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. repositories While acknowledging services such as [ROAR: [1]] and [OpenDOAR: [2]] it is perhaps necessary to provide a list of individual repositories described in more detail within wikipedia here. . Next, Critical introduced a hosted web-based document management service that today serves over 10,000 users and hosts well over one billion records. E[acute accent]About Scientigo(TM) E[acute accent]Scientigo(TM) (pronounced "see-ENH-ti-go") is an emerging technology leader that invented, patented, and is now licensing the next-generation of intelligent document recognition, intelligent enterprise content management, and intelligent search technologies for consumers and the enterprise. Scientigo(TM)'s patented tigo(TM) technology creates order from information chaos by using artificial intelligence, machine learning, rules-based systems, and patented XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. technology to make it faster, easier, and less costly to capture, file, organize, and retrieve any type of information. This boosts employee productivity and corporate agility, reduces document management and research costs, and delivers ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). practically overnight. World-leading third-party independent software and solution providers are licensing Scientigo(TM)'s technologies to dramatically improve the capabilities, benefits, and market appeal of their offerings; and to accelerate their time-to-market for the next-generation of intelligent information acquisition and retrieval systems. Scientigo(TM) can be reached on the Web at www.scientigo.com. E[acute accent]This news release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Forward-looking statements are indicated by words such as "expects," "intends," "anticipates," "believes" and similar expressions. Our ability to achieve the results anticipated in such forward-looking statements is subject to risks and uncertainties, including, without limitation, the potential interest of third parties in our intellectual property portfolio, any potential growth of our company, our ability to successfully maximize the value of our intellectual property assets, in addition to general economic conditions, operating results, market acceptance of our solutions and other risks detailed from time to time in our reports filed with the Securities and Exchange Commission. These forward-looking statements are made in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.[] As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provided by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and no assurance can be given that the future results that are the subject of such forward-looking statements will be achieved. The Company undertakes no obligation to publicly update or revise the forward-looking statements, whether as a result of new information, future events, or otherwise. |
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